Electro Optic Systems Holdings Limited (ASX: EOS) (EOS or Company) is pleased to announce that it has successfully completed its A$35 million fully underwritten placement (Placement) of approximately 20,588,235 new fully paid ordinary shares (New Shares) to eligible institutional investors at a price of A$1.70 per New Share (Placement Price).
Milrem Robotics has successfully concluded its participation in the US Army Expeditionary Warrior Experiment (AEWE). EOS' R400 remote weapon was seen in action on the THeMIS Combat UGV.